Insurance Technology Industry News

Shares of BRK.A Up 19.1% Since Uptrend Call on Shares

Jan 01, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Berkshire Hathaway (NYSE:BRK.A) on October 19th, 2011 at $112,531.00. In approximately 15 months, Berkshire Hathaway has returned 19.13% as of today's recent price of $134,060.00.

Berkshire Hathaway share prices have moved between a 52-week high of $136345.00 and the current low of $99999.00 and are currently at $134060.00 per share. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.

Berkshire Hathaway Inc. is a holding company owning subsidiaries in a variety of business sectors. The Company's principal operations are insurance business conducted nationwide on a primary basis and worldwide on a reinsurance basis. Berkshire's other operations include The Buffalo News, aviation training, and retail furniture businesses, as well as shoe, candy, and rug manufacturing.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Berkshire Hathaway shares.Log in and add Berkshire Hathaway (BRK.A) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com
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